Updated scheme offers green homes loans to homeowners

energy-efficiency-stockHomeowners can now apply for an interest free loan of up to £32,500 to improve the energy efficiency and use of renewable technologies in their properties.

Launched yesterday, the Home Energy Scotland Loan Scheme makes a total of £34 million funding available to owner-occupiers and private landlords to install energy efficiency measures, such as external or internal wall insulation, double glazing, boilers, warm air units and other forms of renewable technology that can be used in the home.

The updated scheme has been created by combining two separate and existing programmes, the Home Energy Efficiency Programme for Scotland Loans Scheme, and the Home Energy Scotland Renewable Loan Scheme.

It contains an up to 25% cash back offer for a limited time.

Scottish Government minister for business, innovation and energy, Paul Wheelhouse, said: “The Home Energy Scotland Loan Scheme presents property owners with an ideal opportunity to install a variety of energy efficient measures and renewables technologies to make it easier and cheaper to keep their homes warm.

“Combining previous loan schemes makes it easier for consumers to make all energy-related changes to their properties at the one time.

“It also cuts red tape and expands the pot of funding available.”

Home Energy Scotland and the Energy Saving Trust are grant funded by the Scottish Government to provide advice, support, grants and loans to domestic consumers on all aspects of energy efficiency and renewable technologies.

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